ABC26GN5237 · Stocks and Shares

Subject: General Aptitude · Chapter: Stocks and Shares · Exam: · Marks: · Difficulty:

A man buys ` 25 shares in a company which pays 9% d 10% on investment. At what price did he buy the sha
Answer
Answer (as printed):
Explanation
Suppose he buys each share for ` x.  9   10  Then,  25 ×  =  x ×  or x = 22.50.  100  100  \ Cost of each share = ` 22.50.

Explanation as extracted from the printed page; notation may be imperfect.

Open in whiteboard · Browse this chapter in the app